Showing posts with label supply-side policies. Show all posts
Showing posts with label supply-side policies. Show all posts

Friday, 22 May 2009

Infrastructure's value to economic growth



This article considers the role that investment in infrastructure can have in sustaining and promoting economic growth. It is a good example of how government spending (fiscal policy) can affect both aggregate demand and long run aggregate supply. And it raises important questions about how such projects are funded.

http://news.bbc.co.uk/1/hi/business/7935778.stm

The affect of increasing the top rate of income tax


The Times reports that the new 50% tax rate for Britain’s top earners is starting to have its predicted effect, of persuading some of those top earners to take their income elsewhere.

http://www.timesonline.co.uk/tol/money/tax/article6210414.ece